Enter the payroll classification and the class rate into the EMR Rate Calculator. The calculator will evaluate the EMR Rate.
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EMR Rate Formula
The following two example problems outline the steps and information needed to calculate the EMR Rate.
EMR = PC /100 / CR
- Where EMR is the EMR Rate
- PC is the payroll classification
- CR is the class rate
To calculate an experience modification rate, divide the payroll classification by 100, then multiply by the class rate.
How to Calculate EMR Rate?
The following example problems outline how to calculate EMR Rate.
Example Problem #1:
- First, determine the payroll classification.
- The payroll classification is given as: 500.
- Next, determine the class rate.
- The class rate is provided as: .45.
- Finally, calculate the EMR Rate using the equation above:
EMR = PC /100 / CR
The values provided above are inserted into the equation below and computed.
EMR = 500 /100 / .45 = 11.11
Example Problem #2:
For this problem, the variables required are provided below:
payroll classification = 600
class rate = .75
Test your knowledge using the equation and check your answer with the calculator..
EMR = PC /100 / CR = ?
